Daily Beat

PropTech

Latch to go public via Tishman Speyer SPAC

Latch plans to go public by merging with a special-purpose acquisition company backed by Tishman Speyer,...

Leasing

Urbanspace opens sixth NYC location

Urbanspace will open its sixth Manhattan food hall in the Financial District, replacing a public walkway that...

Leasing

Tenants & landlords allow for mutual survival

Many landlords and small-business tenants are working in good faith to ensure each other’s survival. The...

Leasing

Amazon becomes industrial real estate powerhouse

Amazon has opened a 205,000-SF last-mile delivery facility at Prologis’ 1055 Bronx River Avenue in Soundview. The e-commerce...

Politics

Rent regulated tenants fall behind

Almost 200,000 of New York City’s rent-regulated tenants are more than two months behind on rent payments and...

PropTech

Albertsons to pilot contactless PickUp kiosk

Albertsons Companies announced that it’s the first American grocer to pilot an automated and contactless grocery PickUp...

Financing

Madison Realty Capital provides $53M for Sunset Park development

Heritage Equity Partners has secured a $53 million floating-rate construction loan from Madison Realty Capital for its development at...

Leasing

Target posts strong Q3

Target announced that winter holiday sales rose solidly as more shoppers bought goods online. Store-based sales increased...

Luxury

NYC luxury market shows signs of life

Twenty-seven contracts were signed last week for luxury condos or townhouses over $4 million. Over half of...